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This task is available only if the Inventory Management is integrated with Job Cost.
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Use Update Item Pricing from Inventory to automatically update the Item Pricing file with the current items, prices, and costs on file in Inventory Management. The update can be performed for all or a selected group of items for a specific product line, price code, or vendor.
When a new item code is added to the Item Pricing file using this task, the following occurs.
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The inventory item code becomes the item code.
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The "take off" unit of measure is set to the item's standard unit of measure.
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The cost type is set to Material.
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The costing unit of measure is set to the standard unit of measure for the inventory item
with a conversion factor of 1. -
The unit cost, markup method, and rate are set based on the
options you specify using this task.
Following the update of inventory items, the task proceeds to update all assemblies with the updated items costs and markup rates.
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| Selections: Operand | |
| Selections: Value | |
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